Meridiana fly losses widen in first 10 months of 2012

Meridiana fly revenue down 22% - consolidated financial highlights for 10 months to 31-Oct-2012:

• Total revenue: EUR579.5 million, -22.0% year-on-year;
  • Merdiana fly: EUR408.7 million;
  • Air Italy: EUR189.7 million;
• Costs:
  • Fuel: EUR179.0 million, +18.1%;
  • Other operating costs and wet lease: EUR169.5 million, +19.8%;
  • Materials and maintenance services: EUR87.1 million, +19.8%;
  • Labour: EUR80.7 million, +27.8%;
• EBITDA (loss): (EUR60.1 million), compared to a loss of EUR38.6 million in p-c-p;
• EBIT (loss): (EUR174.1 million), compared to a loss of EUR60.4 million) in p-c-p;
  • Meridiana fly: (EUR101.3 million);
  • Air Italy: (EUR43.3 million);
• Net profit (loss): (EUR190.2 million), compared to a loss of EUR67.0 million in p-c-p;
• Passenger numbers:
  • Meridiana fly: 3 million;
• Total assets: EUR358.8 million, -22.6%;
• Cash and cash equivalents: EUR9.3 million, +132%;
• Total liabilities: EUR470.6 million, +17.2%. [more - original PR - Italian]